Netwealth (NWL.AX) - Cash on Hand

Cash on Hand as of June 2023 : S$93.44 Million

According to Netwealth's latest financial reports the company has S$93.44 Million in cash and cash equivalents.
A company’s cash on hand also refered as cash/cash equivalents (CCE) and Short-term investments, is the amount of accessible money a business has.

Netwealth - Cash on Hand chart (from 2018 to 2023)

Cash on Hand by year

Year	Cash on Hand	Change
2023-06-30	S$99.09 M	15.52%
2022-06-30	S$85.78 M	-1.02%
2021-06-30	S$86.66 M	3.91%
2020-06-30	S$83.39 M	47.41%
2019-06-30	S$56.57 M	-3.78%
2018-06-30	S$58.79 M	141.95%
2017-06-30	S$24.3 M

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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